Vendor Analysis
published on Nov 20, 2023
Report Overview:
This NelsonHall vendor assessment analyzes Cogneesol's offerings and capabilities in Property and Casualty Operations Transformation
Who is this Report for:
NelsonHall’s P&C Operations Transformation profile on Cogneesol is a comprehensive assessment of Cogneesol‘s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Cogneesol and identifying vendor suitability for P&C Operations Transformation RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the P&C Operations Transformation sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Cogneesol‘s P&C Operations Transformation offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
This NelsonHall vendor assessment analyzes Cogneesol‘s offerings and capabilities in P&C Operations Transformation.
Cogneesol is a global professional services firm which delivers business process management, consulting, and technology solutions. It was founded in 2008 and is headquartered in Chandigarh, India. Cogneesol offers industry services across various domains, including BFSI, real estate, retail, and ecommerce, which are its main industry verticals, with insurance being the largest book of business which was added as a service in 2011. Overall, Cogneesol has ~150 global clients within the various industries with ~1000 employees operating out of 4 delivery centers across APAC.
Cogneesol expanded its insurance offerings by adding MGAs in 2012, specialty insurance clients in 2016, the U.K. insurance market in 2018, and Australia insurance market in 2022. Areas of expertise in P&C includes entire end-to-end services from distribution, underwriting, claims, data analytics, and shared services.
Cogneesol concentrates on the mid-tier P&C market, evaluating potential clients through referrals and appraising internal capabilities to ensure comprehensive success. Cogneesol is focused on providing value to client through the reduction of operating costs and currently leverages a short-term, medium-term, and long-term strategy based on client needs.